The case has become pivotal for the global Islamic finance industry.

So many students return to their home countries with Malaysian Islamic finance qualifications.

They did something similar when trying to develop a market for Islamic finance.

Dew is currently deputy-CEO of HSBC Amanah, the UK bank's Islamic finance unit.

Murabaha financing is a cost-plus-profit arrangement compliant with Islamic finance standards.

In Islamic finance, there is an official prohibition on interest-based borrowing and lending.

All Islamic finance banks prohibit interest charges and investment in arms, pornography and alcohol.

INDEX Moroccan officials are also looking to develop Islamic finance in areas outside banking.

Malaysia is known for active, consistent regulation of Islamic finance through its central bank.

Islamic finance is based on the sharia or Islamic law.

But the Islamic finance sector is still in its infancy.

Oman announced last May that it would introduce Islamic finance.

The panel will be moderated by Bernardo Vizcaino, Chief Correspondent, Islamic Finance at Reuters.

This week, the government launched a campaign promoting London as a centre for Islamic finance.

Although the new Islamic finance qualifications have been welcomed, questions have been raised regarding uniformity.

This week's sukuk issue suggests Turkey is moving away from such squeamishness about Islamic finance.